Elevator Capacity Creates Harvest Delays

After 285 past bullish logistics events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +1.5%), and +0.8% over 20.

• Jun 24, 2020Limited Elevation Capacity Supports Gulf Wheat Export Basis - U.S. Wheat Associates+2.4%
• May 25, 2022How can Ukraine export its harvest to the world?-2.8%
• Oct 23, 2026Even an elevenfold increase in Baltic port shipments fails to offset Russia’s loss of Black Sea export capacity-0.6%
• Feb 26, 2018Flooding Halts Shipping on Illinois River, Creates Havoc on Mississippi+1.8%
• Apr 23, 2026Ongoing trucker protest at Argentina port delays at least 18 ships+1.7%

After 206 past bullish logistics events, Soybeans moved a median +0.5% over 5 sessions (56% higher; middle half -1.3% to +2.6%), and +1.4% over 20.

• Jun 24, 2020Limited Elevation Capacity Supports Gulf Wheat Export Basis - U.S. Wheat Associates+1.1%
• Jul 31, 2020Dredging project cleared to boost Mississippi River capacity-1.2%
• May 2, 2024Argentina’s Soybean Crushers Strike Just as Harvest Gathers Pace+4.9%
• Feb 13, 2020Mississippi River project approved, more corn and soybean export capacity expected+0.0%
• Apr 21, 2026Arab News | Argentina port protest delays at least 10 ships waiting to load grains+1.0%